Conventus has won the Excellence in Office Development category of the Urban Land Institute New York (ULI) 2016 Awards for Excellence in Development. Conventus was one of only 14 Finalists in the overall competition and was the only Finalist outside of the New York City Area. The winners were announced at ULI New York’s awards ceremony held Thursday evening in Manhattan. The project was developed by Ciminelli Real Estate Corporation and investment management firm Seavest Healthcare Properties, LLC.
The award was accepted by Ciminelli President and CEO, Paul Ciminelli, along with members of the Ciminelli and Seavest team last night. “This award represents years of thoughtful planning and collaboration among our team, the City of Buffalo, and our neighbors on the Buffalo Niagara Medical Campus. It speaks not only to the talents of our project team but to the momentum that the City of Buffalo and all of the institutions on the Medical Campus have collectively created. It’s an incredible honor.”
The Urban Land Institute has long held its own Global Awards for Excellence, which is widely recognized as the most prestigious awards program in the development community. With this competition, ULI New York applied the same discerning eye to projects in New York. ULI New York selected the winners based on how a project distinguished itself as part of a high-quality environment, and whether the development was commercially successful. Judges toured Conventus in January before making their final decision.
“This award is a tribute to the planning and execution of the project by our partner, Ciminelli Real Estate. We strive to develop projects that improve the healthcare environment for patients and tenants. Conventus exceeds this goal,” said Jonathan Winer, Senior Managing Director, and Chief Investment Officer of Seavest.
The ULI event recognizes exemplary land use projects in New York State that raise the bar for development, design, planning, and sustainability. The finalists represented a cross-section of industry leaders across residential, commercial, mixed-use, and civic space development. The level of competition was extremely high; 4 World Trade Center was one of Conventus’ two competitors in the category of Excellence in Office Development.